New Year 2010
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Bank Holidays in India

There are some of the special festivals like national, religious and community events in India during which the banks do not operate. On these days, usually the banks remain closed and no transactions are made. Some of the bank holidays in India that incorporate both optional and gazetted holidays are listed below for your perusal.

Muharram (Islamic New Year)
On the celebration of this holy Islamic event, banks do not operate. It falls under mandatory public holidays in India.

Republic Day (26th January)
This is one of the important bank holidays in India. On this national holiday, none of the banks and their branches functions. On the day of this event, India Gate in Delhi holds a gala celebration of parades and dances.

Milad un Nabi
India bank holidays also include Milad un Nabi in the list. The day marks the birth celebration of Prophet Mohammed. On this day too the banks do not operate.

Independence Day (15th August)
The day of 15th August is celebrated as Independence Day in India. On this most important day, all the private and public sectors including banks do not operate.

Gandhi Jayanti (2nd October)
This is a national holiday and on this day the birthday of our national hero Mahatma Gandhi is celebrated. On this day, we commemorate the services and the dedication of Bapu towards our nation. This is again one of the mandatory bank holidays in India.

Id ul fitr
This is an important Muslim festival celebrated throughout the world. On this day, the devotees break their month-long fasting and offer special prayers. The day witnesses a lot of excitement as everybody wears new clothes and offers a warm welcome to each one.

Dussehra
This is the most celebrated and vibrant Hindu festival. According to legends, on this day lord Rama had killed the ferocious demon Ravana. Today, in many parts of India this event is celebrated to mark the triumph of good over evil. The huge effigies of Ravana along with other two demons are burnt.

Diwali
This is a festival of light. The Hindus celebrate this event with much fervor and enthusiasm lighting diyas and candles. Sweets are distributed. This festival is also counted among the important bank holidays in India.

Guru Nanak Jayanti
The day marks the birthday of Guru Nanak Dev Ji. He was the founder of Sikhism.

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